Newport Group Appoints Alan Valenca as New Northeastern Regional Director
HEATHROW, FL, January 31, 2008 -- The Newport Group, a national full-service provider of qualified and non-qualified retirement plans, announced that it has appointed Alan Valenca to the position of Regional Director, Qualified Plans, for the firm's Northeastern region, reporting to Newport's Chief Marketing Officer Tom Pittman.
As a Regional Director, Mr. Valenca will develop business relationships and identify market opportunities to promote the sale of the firm's qualified retirement plan administration and investment services to third-party intermediaries. He will be based in Massachusetts.
Mr. Valenca has more than 20 years of experience in the retirement and financial services industries. Most recently, he held a similar position within the retirement services national accounts division of Automatic Data Processing (ADP), where he was the top producing retirement plan salesperson for the past two fiscal years as well as the current fiscal year to date. He has also held the positions of vice president of retirement plan services with Morgan Stanley, and senior vice president with the Boston-based retirement services firm of Walker MacRae Inc.
"Alan's technical expertise is an ideal complement to Newport's consultative sales process," Pittman said. "His experience with mid- to large- size plans in the qualified marketplace, along with his work with the financial advisor community, will further enhance Newport's retirement plan distribution capabilities."
Mr. Valenca graduated cum laude with a Master of Business Administration from the F.W. Olin Graduate School of Business at Babson College in Wellesley, Massachusetts. He earned his bachelor's degree in psychology from Colgate University in Hamilton, New York. He holds the designations of Certified Financial Planner (CFP), Accredited Investment Fiduciary (AIF), and Accredited Retirement Plan Consultant (ARPC). He has also earned his Series 6, 7, and 63 securities registrations.
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